Stitch_Bitcoin

BNB has seen a price drop in the past 24 hours. According to the latest data, its current price is around $673.13, which is a 3.95% decrease compared to the previous price. The price ranged between a minimum of $648.73 and a maximum of $704.79 during the day.
$BNB

Bitcoin (BTC) has seen a decrease in its price over the past 24 hours. According to the latest data, its current price is around $97,197, which is a decrease of 3.93% compared to the previous price. The price ranged during the day between a minimum of $95,718 and a maximum of $102,738.

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#MarketCorrectionBuyOrHODL Here are the latest news related to Binance:

1. Removal of spot trading pairs for cryptocurrencies: Binance announced its plan to remove spot trading pairs for a number of cryptocurrencies, including AKRO, BLZ, and WRX, effective December 25, 2024.

2. Survey on users entering the crypto market: Binance conducted a survey that showed that 45% of respondents entered the crypto market in 2024, citing the rapid rise in asset values ​​and decentralization as the main reasons.

3. Decline in crypto prices: Cryptocurrencies saw strong declines after US accusations against Binance, which affected the market as a whole.

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4. New listings: Binance has added Velodrome Finance (VELODROME) to its offerings, including leveraged trading and futures.

5. Leverage Level Updates: Binance has announced updates to leverage levels and leveraged trading for several perpetual contracts, aiming to improve user experience.

Please note that the cryptocurrency market is constantly volatile, so it is advisable to follow official sources and exercise caution when making investment decisions.

$BNB BNB has seen a decrease in its price over the past 24 hours. According to the latest data, its current price is around $672.66, which is a decrease of 3.56% compared to the previous price. The price ranged during the day between a minimum of $648.73 and a maximum of $704.79.

Please note that cryptocurrency prices are highly volatile, so it is always advisable to follow reliable sources and real-time updates before making any investment decisions.

Bitcoin price today, December 9, 2024, is stable near the $96,795 level, with expectations of crossing the $100,000 barrier soon if it can turn the current resistance level into support. However, it faces short-term resistance challenges at $105,000, which could lead to additional price volatility【6】【8】.

On another note, the first-ever Global Bitcoin Conference is being held in the Middle East in Abu Dhabi on December 9 and 10, aiming to foster dialogue on the future of digital currencies in the region and attract investors and innovators【7】【8】.

If you are interested in investing or following market developments, this stage may be important to monitor movements and prepare for potential volatility.

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Bitcoin Analysis and Forecast (December 2024)

Currently, Bitcoin (BTC) is heading towards new record highs after surpassing the $100,000 mark, with signs of continued bullish momentum. Here is a summary of the forecasts and influencing factors:

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Current Performance Analysis

Recent Rally: The coin has surpassed the $100,000 level, with expectations of targeting $105,000 and $111,000 in the near term.

Institutional Demand: Bitcoin-backed ETFs have seen massive inflows, pushing the price higher.

Whale Activity: Large portfolios have added huge amounts of Bitcoin, reflecting the optimism of large investors.

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December 2024 Forecast

1. Positive Scenario:

Institutional Demand Continues.

If the resistance level at $105,000 is broken, the coin could reach $111,000 or higher.

2. Negative scenario:

If selling pressure increases, the price may return to test support levels near $100,000 or even $98,000 before resuming the rise.

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Factors affecting the market

Halving economics: with less supply after the bonus cuts (what happened previously contributes to gradually raising the price).

Government regulations: New laws and legislation may affect the market, either positively or negatively.

$BTC #تحليل_البيتكوين #توقعات_عملة

#2024WithBinance Bitcoin is the world's first decentralized digital currency, launched in 2009 by an anonymous person or group known as "Satoshi Nakamoto". Bitcoin is not subject to any central authority such as governments or banks, and is traded via blockchain technology, which is a digital record in which all transactions are stored securely and transparently.

Fact of the day:
The total number of Bitcoins that can be mined is limited to only 21 million units. This limit is intended to maintain their scarcity and increase their value over time. So far, about 19.5 million units have been mined, and the last unit is expected to be mined in the year 2140, as the mining process becomes slower over time due to a mechanism known as "halving".

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